Fiscal peace begins implementation in 2026/ Rama: Positive message for entrepreneurship. Budget revenues increase, informality decreases
The Fiscal Peace Agreement will begin implementation in 2026, but by then the successful drafting of this package must be ensured. This was stated by Prime Minister Edi Rama in a meeting with financial experts, who added, among other things, that this will increase revenues for the state budget and reduce informality.
"It is very important that the fiscal peace is drafted and successfully concluded in conceptual terms by the end of this year so that next year we can begin its implementation. I am very confident that if the fiscal peace is conceived and planned properly, it will be a very positive message for entrepreneurship, but I believe it will also be able to increase revenues for the state budget, while the key point remains the increase in overall performance and the reduction of informality," declared the Prime Minister.
On the other hand, the Minister of Finance, Petrit Malaj, emphasized that through initiatives of this nature, sustainable economic development will be guaranteed.
"Our goal is clear and ambitious, through the combination of sound fiscal and monetary policies, deep structural reforms and strategic investments, the Albanian economy will guarantee a new trajectory of sustainable economic development," said Malaj.
Tax liabilities older than 10 years will be forgiven and a new scheme for repaying debts of the last 10 years with reduced percentages will be implemented through the “Fiscal Peace” 2026–2029. This will open a new chapter of cooperation with Albanian entrepreneurship through multi-year tax relief agreements and the encouragement of regular declarations.
Fiscal peace will be an agreement between the Tax Administration and businesses generated with the help of Artificial Intelligence, which avoids tax audits, improves the business climate, but on the other hand guarantees the collection of tax obligations.
The goal of this package is fairer and more transparent taxation for businesses.
"Cooperation with Swiss Railways"/ Balluku: In the future, Albania will be part of European corridors
Major investments in our country's railway lines will include them in European corridors. In this regard, Albania is also expected to receive assistance from......
Seasonal employment, a "springboard" for final emigration - Aruçi: Germany has increased requirements, 50 thousand quotas for employees from the region
Seasonal employment abroad is becoming more and more sought after by Albanian citizens every year, especially towards Germany. Students, as well as......
Renovation of 980 public buildings - Plan for decarbonizing the sector, 113 million euros needed for 3 years
Around 980 public buildings are expected to be renovated by 2027, according to the draft National Building Renovation Plan, which foresees deep interventions......
Businesses, wholesale loans for long-term investments - BoA: Only 30% use it for short-term operating expenses of the activity
Businesses take out loans mainly to make long-term investments. According to a survey by the Bank of Albania, the number of businesses applying for loans to......
Around 10.2 million foreigners in Albania for 9 months/ 15.3% increase in business arrivals in September
According to the latest data from the Institute of Statistics (INSTAT), Albania has recorded a significant increase in the flow of entries and exits of......
“We Achieved Transparency of the Media Ownership Structure” - AMA Head, Armela Krasniqi, at the 62nd EPRA meeting
The Chairperson of the Audiovisual Media Authority, Armela Krasniqi, participated in the 62nd meeting of the European Platform of Regulatory Entities, EPRA.......
Suspected counterfeit goods are blocked at the Port of Durres!
Albanian Customs announces that during a detailed inspection by customs structures at the container terminal, clothing with internationally protected brands......
Drafting of rules for the circulation of skateboards begins - Koçiu: From technical standards to permitted areas!
The Minister of Internal Affairs, Albana Koçiu, convened today in a roundtable discussion all the main institutions that play a key role in road safety to......
